The key news developments reported in and around Zimbabwe on September 22, 2026:

• Rail Infrastructure Overhaul: Zimbabwe is actively seeking $115 million in financing from Afreximbank to rehabilitate the National Railways of Zimbabwe (NRZ) network. The initiative forms part of the government’s 2026–2030 development strategy aimed at shifting heavy freight transport from road to rail.

  fundsforNGOs+ 1

• IMF Staff-Level Agreement: The International Monetary Fund concluded discussions with Zimbabwean authorities, reaching a staff-level agreement on the second review of the Staff-Monitored Program. The IMF projected Zimbabwe’s economic growth at 5 percent for 2026, noting that annual inflation cooled to 2.9 percent in August. However, the Fund raised concerns over shortfalls in protected social spending.

  International Monetary Fund+ 2

• Currency and Monetary Policy: The Reserve Bank of Zimbabwe reported increased adoption of the Zimbabwe Gold (ZiG) currency, emphasizing that growing usage will help stabilize long-term capital and monetary conditions.

• Hospitality and Business Earnings: Major hospitality player Rainbow Tourism Group (RTG) reported its financial performance, detailing the impact of delayed government settlements and the withdrawal of roughly $3 million in donor-funded business, offset by a 28 percent growth in foreign currency revenues.

  NewZimbabwe.com

• Mineral Beneficiation Push: Following the recent export of locally processed lithium sulphate, the administration reiterated that it will maintain strict mineral beneficiation policies to ensure local processing and retention of mining value.

  SABC News